Role of Chief Financial Officers (CFOs)

The objectives of the workstream is to examine the evolving role of CFOs (or equivalent senior finance roles) within the private or public sector, and identify and understand the ethics issues and challenges faced by professional accountants in business (PAIBs) serving in that role, as well as non-professional accountants (non-PAs) who serve in the same role.

Project Team

Jon Reid

Carla Vijian

Board Advisor

David Wray

IESBA June 2026 Meeting Highlights

The IESBA considered an update from the Project Team on its activities since the March 2026 meeting, including outreach findings, survey results, and alignment to the IESBA’s SMART[1] Framework.

The IESBA also considered a presentation from Dr. Mukesh Garg, Associate Professor, Department of Accounting, Monash University (Melbourne) on his academic research on the topic, and the Project Team’s preliminary observations on implications for the IESBA and the broader regulatory ecosystem from the insights and information gathered to date.

The IESBA supported the Project Team’s continued evidence-gathering activities, and emphasized the need to:

• Clearly distinguish issues within the IESBA’s remit from broader ecosystem matters.
• Further analyze Part 2 of the Code against findings to date and understand jurisdictional regulatory obligations.
• Distinguish any differences between PA and non-PA CFOs' approaches to ethical issues where evidence can be obtained.

The IESBA will consider the Project Team’s final report and recommendations at its September 2026 meeting.